COP29: Developing Nations Demand $1.3 Trillion for Climate Goals by 2030

[{"selector":"#anim-2faf0092-9a3b-4f9e-b3d9-7ee3223f727e","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1a9735c2-032e-4073-b4c4-49c12322209c","keyframes":{"transform":["translate3d(0px, -187.09402%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6bec5854-7a39-4d89-8d03-1b8a7d1111b1","keyframes":{"transform":["translate3d(-97.89719%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fad85f84-0cbe-42cf-bf2f-01f3209ed9f1","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6d37397d-cf74-47c4-b442-cfc21c5c160e","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-13f0e1f9-7903-45cc-81cd-79d15fd9e7f7","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-80cae852-2aed-497f-b7e5-1a09518c0ffe","keyframes":{"transform":["translate3d(0px, 236.11093%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] First draft of post-2025 climate finance goals sparks heated debates between rich and developing nations at COP29 Baku conference. Photo Source: The Free Press Journal Photo Source: The Free Press Journal

[{"selector":"#anim-84d7b86c-fd2c-47d1-b4f4-4685cef61bbe","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8c960836-56ab-4676-9f5f-11ba702d3a23","keyframes":{"transform":["translate3d(0px, 236.11093%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-395011d2-31d9-4a8c-b3cb-f20d9b8054d1","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cd935b57-4ff2-4220-b8bd-1fddc1122744","keyframes":{"transform":["translate3d(0px, 186.32480%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aadc595c-6001-4798-b805-0b9dee7d21fe","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6d164a0c-3cd9-47f1-b772-65a0b2ef9558","keyframes":{"transform":["translate3d(0px, -100.05241%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Why do developing nations demand $1.3 trillion yearly as grant-based support instead of investments for climate adaptation and mitigation? Photo Source: The Free Press Journal Photo Source: The Free Press Journal

[{"selector":"#anim-cf297c03-787b-4bb3-90bc-4ae2b7259c08","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2389d85d-00c5-4174-844c-5bbd14b1d704","keyframes":{"transform":["translate3d(0px, -187.09402%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eece6683-d17e-41f5-a994-2bd1a7e4a70b","keyframes":{"transform":["translate3d(-97.89719%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d6171fb8-fa0d-4be0-ad8d-e8866655a937","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1156a906-d02d-4119-97e6-9fdf2f3f78e8","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-67264eed-1014-417e-b0fe-c44c87491016","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a037b62b-1a14-435f-b496-92c1ac59f195","keyframes":{"transform":["translate3d(0px, 236.11093%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Developing countries require massive $2.9 trillion investment through 2035 for meeting critical mitigation goals, UN climate body reports. Photo Source: Impact Investing World Forum Photo Source: Impact Investing World Forum

[{"selector":"#anim-74c58d59-ba0a-4b1a-a24f-b79a5addeeae","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0db7cad2-a185-4142-a7a7-c6c0fb292f1a","keyframes":{"transform":["translate3d(0px, -100.05241%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4e383a58-cfbe-43a7-8e77-9883dcdb961a","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fb7a0221-9065-4209-ba1c-38404761c3d7","keyframes":{"transform":["translate3d(0px, 186.32480%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3125cecb-1691-4610-873c-48eb7dc2bacc","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f9de3e05-684a-427c-bd21-79ea1179a461","keyframes":{"transform":["translate3d(0px, 236.11093%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Albanian PM Edi Rama stirs controversy by criticizing global leaders' lack of political will beyond empty climate promises at Baku summit. Photo Source: Albanian Times Photo Source: Albanian Times

[{"selector":"#anim-117ad4d1-ca92-4236-92aa-99248430af1d","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cb529242-d0a3-4140-93b5-3f87368c61a2","keyframes":{"transform":["translate3d(0px, -208.86753%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f410259f-5123-4d24-8569-dbc561e70aac","keyframes":{"transform":["translate3d(-97.89719%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1a957383-3a67-4769-8b99-ecc9f984a025","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cbeda790-236b-4a8a-bf72-afd0d80fd1c2","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-e326d887-303f-4881-9e82-6ee0bf24f20e","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1f81e29e-a3c4-49ce-ab12-f30f5608a9cd","keyframes":{"transform":["translate3d(0px, 236.11093%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] How will President-elect Trump's potential resistance affect implementation of COP29 climate resolutions? Photo Source: Gage Skidmore (CC BY-SA 2.0) Photo Source: Gage Skidmore (CC BY-SA 2.0)

[{"selector":"#anim-34525c46-3bbe-40b2-ad23-3ce447364491","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0e4b047d-8c8d-4da6-af47-476b88330188","keyframes":{"transform":["translate3d(0px, -100.05241%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1750eb30-03d4-467c-8c74-d6cca3df63c8","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e5d27ace-738c-457a-997e-1391cfded41b","keyframes":{"transform":["translate3d(0px, 186.32480%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1b7c7d9f-2b67-463b-bf38-ff3316625061","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1aaaf66d-6ac1-43ac-8276-04252d803a1b","keyframes":{"transform":["translate3d(0px, 236.11093%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Climate finance draft text introduces controversial brackets with lesser funding options, drawing sharp criticism from developing nations. Photo Credit: Jakub Fryš, CC BY SA 4.0 Photo Credit: Jakub Fryš, CC BY SA 4.0

[{"selector":"#anim-9a065fc7-21ee-4625-866d-b8ef73e1109a","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-47dc364d-923d-4524-8480-050330b4d8d5","keyframes":{"transform":["translate3d(0px, -172.57835%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c26c2ea2-e0fd-439c-b536-7628ea1e0449","keyframes":{"transform":["translate3d(-97.89719%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0e90e786-6974-4841-81e4-4f0c55dee2ee","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b203e315-74d9-45cc-a1ea-f0fc280204e5","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-96278cbb-172c-42cc-bfb1-63798cf44142","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-79fdfd55-d45f-4bd0-b9fb-ec26c13b8d30","keyframes":{"transform":["translate3d(0px, 236.11093%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Developing nations push back against caveats, demanding "adequate, predictable, accessible, grant-based, low-interest and long-term" financial support. Photo Source: Shivang Goyal Photo Source: Shivang Goyal

[{"selector":"#anim-411c9032-ad14-49eb-ae9a-f91ed7687da9","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cbaaab23-1fa0-4640-86b8-1d566a42251d","keyframes":{"transform":["translate3d(0px, -100.05241%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-18cb098d-8e05-473b-9c6c-29d7a4463494","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-79afa32f-fa20-4f6d-a6b1-114ac7aef3e1","keyframes":{"transform":["translate3d(0px, 186.32480%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ad4388eb-3c4b-4132-941f-660a37090270","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ded69dda-b0a4-49ad-9735-db8f39f8dab2","keyframes":{"transform":["translate3d(0px, 236.11093%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Rich nations avoid committing specific numbers while developing countries reject weak language aimed at dodging grant-based finance obligations. Photo Source: Wikimedia Commons (CC BY-SA 3.0) Photo Source: Wikimedia Commons (CC BY-SA 3.0)

[{"selector":"#anim-5213760b-94a9-449e-8ea1-e1e5703d9ad3","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0157f012-f78b-4012-925c-f779f4ee649a","keyframes":{"transform":["translate3d(0px, -172.57835%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9ffffad5-cb9b-4214-9c31-60eb6202722b","keyframes":{"transform":["translate3d(-97.89719%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4d761c79-a0ce-4ef9-8f08-4f34f6c14576","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7268dd60-3fe4-40c5-bd7d-0f8952ee5b13","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-282565eb-40cb-44f6-981c-84a85dad5c20","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1a562c19-3749-495f-854b-243f1ee77cfa","keyframes":{"transform":["translate3d(0px, 236.11093%, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] COP29 discussions focused heavily on mitigation actions while running through November 22 at Azerbaijan's capital, leaving adaptation concerns underaddressed. Photo Source: IAEA Imagebank (CC BY 2.0) Photo Source: IAEA Imagebank (CC BY 2.0)

[{"selector":"#anim-efd96f40-9a75-4352-a376-edb970d5498f","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-1dfd86d4-dc35-487d-a679-d13dd847952c","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-8bb158de-f69c-4888-b1a9-dcc22577439c","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-15f36502-08f7-4b85-8c48-0436146ea882","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Amid Climate Goals, Australia Plans to Ramp Up Gas Production, Expects $47 Billion in LNG Sales Learn more

COP29: Developing Nations Demand $1.3 Trillion for Climate Goals by 2030

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